Tag Archives for " Mortgage Rates "
What’s Ahead For Mortgage Rates This Week – August 7, 2017
Last week’s economic news included readings on pending home sales, construction spending. Several reports related to employment were also posted along with weekly readings on mortgage rates and new jobless claims.
Continue readingWhat’s Ahead For Mortgage Rates This Week – July 31, 2017
Last week’s economic news included readings on new and existing home sales, Case-Shiller Home Price Index reports and an announcement by the Federal Open Market Committee of the Federal Reserve. Weekly readings on mortgage rates and new jobless claims were also released.
Continue readingWhat’s Ahead For Mortgage Rates This Week – July 24, 2017
Last week’s economic news included releases from the National Association of Home Builders and releases from the Commerce Department on housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also released.
Continue readingWhat’s Ahead For Mortgage Rates This Week – July 17, 2017
Economic reports released last week included readings on inflation, core inflation, and Fed Chair Janet Yellen’s testimony. Mortgage rates and new jobless claims were released as usual along with a monthly report on consumer sentiment.
Continue readingWhat’s Ahead For Mortgage Rates This Week – July 10, 2017
Last week’s economic reports suggested that demand for homes is rising despite a jump in mortgage rates and rising home prices fueled by low inventories of homes for sale. Demand for homes rose by 1.40 percent as interest rates jumped after the 10-year Treasury rate rose by 10 basis points.
Continue readingWhat’s Ahead For Mortgage Rates This Week – July 3, 2017
Last week’s economic news included Case-Shiller Home Price Indices, pending home sales and inflation. Weekly readings on mortgage rates and new jobless claims were released along with a reading on consumer sentiment. Case-Shiller and pending home sales readings suggested that recent rapid growth in home prices and home sales may be easing. High demand for homes coupled with low inventories of homes for sale has created an artificially high rate of home price growth and competition among buyers for a limited number of homes.
Continue readingWhat’s Ahead For Mortgage Rates This Week – June 26, 2017
Last week’s economic news included readings on sales of new and previously owned homes. Despite expectations of lower sales in both categories, sales surpassed expectations and April sales. Analysts were concerned about extremely tight inventories of available homes limiting home sales and did not expect May home sales to increase.
Continue readingWhat’s Ahead For Mortgage Rates This Week – June 19, 2017
Last week’s economic reports included readings on inflation, core inflation, and the Federal Reserve’s FOMC statement. The NAHB Housing Market Index, housing starts and building permits issued were also released, along with weekly readings on mortgage rates and new jobless claims.
Continue reading